Last Updated: May 31, 2019.
Paying for school is hard, whether you’re working, receiving scholarships, or a mix of both. We made this page to point out some easy-to-apply-for scholarships from well-known insurance companies that you can consider for funding your studies. Private scholarships can be one of your best options for additional income while in school.
State farm offers scholarships each year through the State Farm Companies Foundation Scholarship Program. You’re eligible to apply if you are a dependent of a State Farm employee, agent, or retiree.
- Award: $5,000 per year for four years.
- Be the dependent of a State Farm employee, agent, or retiree.
- Take the PSAT during your junior year of high school.
- Deadline: March 31 of your senior year.
- Application Link: https://www.statefarm.com/retirees/foundation-scholarship-program (currently closed)
GEICO Federal/Military Scholarship
GEICO offers a scholarship through the University of Maryland University College to spouses and children of federal employees and military members. If you’re considering UMUC, make sure to ask about this scholarship in the application process.
- Award: $1000 awarded to five individuals
- Be a spouse or child of a federal employee grades GS-1 through GS-15, or any active-duty enlisted military member.
- Demonstrate financial need.
- Grade-point average of 2.8 or higher.
- Enrolled in at least 6 credit hours during the award period at UMUC.
- Scholarship available to undergraduate students only.
- Application Link: https://www.geico.com/information/federal/scholarship/
IASA Scholarship Program (Industry Specific)
Sophomores, juniors, and senior undergraduates pursuing a career in insurance or at a college with an insurance program are eligible to apply for the IASA scholarship. This award is unique in that they award 15-20 students a total of $40,000, with awards differentiated by need.
- Award: $1000 – $5000, typically
- Candidate for a bachelor’s degree (1) at a US college with an insurance program or (2) pursuing an insurance career.
- Currently attending a college or university and will have completed at least 1 year of a four-year program at the time application is submitted.
- Working toward a degree in: accounting, actuarial science, finance, information technology, or risk management, all within an insurance program or in pursuit of a career in insurance.
- Have at least a 3.0 GPA.
- Not receiving a full tuition reimbursement from an employer or other outside source.
- Deadline: February 28, 2020
- Application Link: https://www.iasa.org/IASA/ScholarshipProgram/ScholarshipProgram.aspx
Digital Responsibility Don’t Text and Drive Scholarship:
All high school students and college students (including graduate students) can apply by writing and submitting a 140 word statement about why they choose to not text and drive. The top 10 responses will be selected as finalists to write a 500 – 1000 word essay about texting and driving.
- Award: $1000
- Open to current high school, undergraduate, or graduate students.
- Deadline: September 30, 2019
- Application link: http://www.digitalresponsibility.org/dont-text-and-drive-scholarship/
Hunter Garner Scholarship Project Yellow Light:
High school juniors, seniors, and college students can apply by creating a short video about the dangers of texting and driving. Students can receive prizes of $5,000, $2,000, and $1,000 for first, second, and third place.
- Award: $5,000, $2,000, or $1,000
- Must be a high school junior or senior between 14 and 20, or a full-time undergraduate student between 15 and 25.
- Deadline: April 2020
- Application link: https://www.projectyellowlight.com/
CarInsuranceComparison.com $1,000 Safe Driver Scholarship:
If you’re a college student, compete a qualifying safe driving course and create awareness about safe driving through mediums like art, video, and essay you can apply for this scholarship.
- Award: $1,000
- Currently enrolled in college or planning on attending college in the upcoming school year.
- Possess a valid driver’s license.
- Have completed an approved driver safety course.
- Deadline: July 15, 2019
- Application link: https://www.carinsurancecomparison.com/safe-driver-student-scholarship/
The Zebra Show Off Your Stripes Scholarship:
The Zebra offers a unique scholarship celebrating diversity in students lives. If you’re currently in a four-year university or planning to attend, you can apply by submitting a video or photo album and short essay on what brings your family together.
- Award: $1,000
- Requirements: U.S. student currently in a four-year university program or planning to attend.
- Deadline: May 31, 2019
- Application link: https://www.thezebra.com/insurance-news/5994/scholarship-the-zebra/